From July to September 2026, Alhambra's median sale price dropped nearly 4% year-over-year, and price per square foot fell even further. This cooling in prices means buyers can get more value for their money. If affordability has been a concern, this is a real opportunity to enter the market.
Halloween falls on October 31 because the ancient Gaelic festival of Samhain, considered the earliest known root of Halloween, occurred on this day.
In the eighth century, Pope Gregory III designated November 1 as a time to praise all saints.
Soon, All Saints' Day incorporated some traditions of Samhain and the evening before was known as All Hallows Eve, and later Halloween.
Over time, Halloween evolved into a day of activities like trick-or-treating, carving jack-o-lanterns, festive gatherings, donning costumes and eating treats.
Today’s the day to eat candies and sweets to your heart’s content! Happy Halloween!
California's avg. annual home-price gain slowed to ~2% through mid-2026, marking one of the softer statewide appreciation readings in recent years overall.
In the prior four-year stretch ending Q2 2022, California prices advanced at ~10% annually, showing how dramatically appreciation cooled after cheap-money policies ended.
Comparing those two four-year periods, California's appreciation pace slowed by 80%, dropping to ~2% from ~10% annually rather than signaling an outright price collapse.
California's gains shifted from national leader to back-of-the-pack, a major status change that cut bragging rights but created a better affordability backdrop.
From 1975 to 2018, California averaged ~8% annual home-price appreciation, the fastest among states, showing how unusual the current slower pace has been.
In Late-Q3, ~21% of active listings had price cuts, while inventory topped 1.16M homes and moved within ~9% of typical pre-pandemic levels.
Buyer activity stayed cautious as homes under contract ↓~4% yearly for a second straight month, showing higher mortgage costs still limited affordability.
The national median list price was ~$419K, down ~1% MoM and yearly, marking an 11 mo stretch of yearly declines; price per sq-ft ↓~2% yearly.
Sellers largely stayed in the market: ~6% of listings were delisted, roughly flat yearly, while more owners reduced prices and opened negotiation room.
The next key test is whether additional price cuts bring more signed contracts, or whether rising supply and softer demand extend this adjustment period.
California ranked second in the state comparison, with median home equity at $550K and median household net worth at $273.8K after debts and non-housing assets.
The gap shows how California homeowners can be equity-rich yet less cash-rich, as high housing costs translated into home values that outweighed broader balance sheets.
High home equity can meaningfully boost net worth, but when most wealth sits inside the house, household financial flexibility may become more limited.
For California owners, knowing how much wealth is tied to property can support smarter choices around refinancing, downsizing, or broader financial diversification.
California's standout equity levels highlighted both market strength and concentration risk, giving homeowners a useful snapshot of how property shapes overall household wealth.
The California Association of Realtors has just shared their 2027 housing market forecast: home sales are expected to rise 3.7% to 277,900 units, with the median price reaching $894,400—a 1.4% increase. Affordability remains at 20%, and tight inventory continues to support home values as economic growth moves at a steady pace. Having spent years immersed in business finance and real estate development, I always pay close attention to these trends. For families looking to buy, sell, or build wealth, understanding the bigger picture is essential. My own commitment is rooted in the belief that everyone deserves the chance to create a secure future through real estate, no matter what the numbers say.
We're seeing a significant shift in listing prices across some of the country’s most dynamic real estate markets. In Florida, Texas, and California, median listing prices have been on the decline for several years—down 13%, 9%, and 6% respectively. Now, even New York has joined the trend, with prices dropping 6.8% year-over-year. As someone who cares deeply about helping families navigate these changes and make informed decisions, I view these numbers as both a challenge and an opportunity. My background in business finance and experience in both local and international real estate have taught me that market cycles are inevitable, but with the right strategy, they can open doors for buyers and sellers alike. Every family deserves a chance to build stability and generational wealth—especially when the market is evolving.
Home title theft is a growing concern, especially for seniors, vacation homeowners, and those with significant equity. As someone who believes every family deserves both a safe home and the chance to build generational wealth, I want to highlight how important it is to safeguard your property from this kind of fraud. Criminals can use forged paperwork to transfer ownership without your consent, putting your investment at risk of unauthorized sales or loans. A strategic step you can take: regularly monitor your property records and protect your personal information. Staying vigilant is key to protecting what matters most.
Lately, I've noticed that new construction homes are offering more value across the country. Builders are not only adjusting prices but also introducing incentives—like mortgage rate buydowns—that you rarely see from resale sellers. With many homeowners choosing to stay put due to current mortgage rates, the supply of existing homes remains tight. This limited inventory has really highlighted the flexibility and relative affordability that new builds can offer to families weighing their options. In areas where building activity is robust, we've seen firsthand how increased supply can open up better choices and drive competition among builders to the benefit of buyers. These advantages—whether it's price cuts or creative perks—are important to consider if you're comparing new versus resale. But keep in mind, these gains in affordability may be temporary if permitting processes continue to slow down. Continued construction and more streamlined local policies remain key to ensuring families have access to more housing opportunities—a perspective I always bring to client conversations, given my background in business finance and real estate development.
As we move through late Q3, Los Angeles County’s real estate market is showing signs of leveling off. After several years of rapid price growth, closed-sale prices are now mostly steady or just slightly higher year-over-year, reflecting a plateau rather than another leap in home values. Median listing prices are around $950K—about 5% below last year—as more sellers adjust their expectations and trim asking prices. In fact, by early Q4, about 37% of condo listings saw price cuts, marking a new high in some records, and some properties are taking longer to sell. Active listings have edged up to roughly 15,400, a 4% increase from last year, indicating that supply is growing gradually, though not flooding the market. At the same time, higher mortgage costs continue to challenge affordability for many families, leading to a mixed picture for sales and more frequent price adjustments, even as the median price holds steady. My experience in business finance and real estate development allows me to see these trends as opportunities for families to make thoughtful decisions—whether buying, selling, or planning for the future. I remain committed to helping families navigate these shifts and build lasting wealth through real estate.
